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he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have to go up on he remains optimistic that once high end earners, we can find compromise here. that any to preview for resolve and takes a very important step toward thed
he remains optimistic that once republicans accept that there is no deal without an acknowledgment and acceptance that rates have to go up on he remains optimistic that once high end earners, we can find compromise here. that any to preview for resolve and takes a very important step toward thed
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on the other hand, particularly since the republicans outraised obama 5-1 on wall street which is a real reverse since 2008. the markets are so upset with the minimal oversight that the administration has put on them that they've swung to the g.o.p. camp this time, and they're not going to buckle on that. >> eliot: brian, let me come back to a political-type question. defense cuts, another area where the democrats are saying we have the opportunity sequestration imposes more significant cuts in the military. many think that's a good thing to do. barney frank every chance you give him he'll talk loudly why it's the correct thing to do. is there a chance that the republicans will give him that one? >> it depends on what happens between now and the first of the year. if you go over the cliff and all the tax cuts expire and sequestration takes affect, that gives the president the ability to reorganize the defense budget in a way that tracks what he wants to do with the military spending, which is to slow the growth or even to freeze the growth in real terms. if they cut a deal beforehand and
on the other hand, particularly since the republicans outraised obama 5-1 on wall street which is a real reverse since 2008. the markets are so upset with the minimal oversight that the administration has put on them that they've swung to the g.o.p. camp this time, and they're not going to buckle on that. >> eliot: brian, let me come back to a political-type question. defense cuts, another area where the democrats are saying we have the opportunity sequestration imposes more significant...
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obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track of what we need to fix this. >> it will be tough for the 20 senate democrats facing re-election. such as begoch and maryland land and mark pryor from conservative states. the top republicans say the president's span not serious. >> comes out with a proposal to raise taxes by $1.6 trillion. has unlimited authority to borrow more money. >> chuck schumer says he prefers to set the bar at $1 million. they have smart cuts to ask the millionaires to pay their fair shares. $60% of americans want millionaires to pay more. >> democrats hope this addres addresses the estate tax. increase it from 35% to 40 packet and lower pr
obama wouldn't sign a bill. >> they blast the house republican plan it's not likely that president obama will get to sign his own fiscal cliff plan since the republicans and democrats don't like it. the measure was defeated 99-nothing. west virginia senator says that both sides aren't going far enough when it comes to cuts. >> they are lower than what everyone says we need. all economists say we need minimum of $4 trillion or greater swing. >> i don't know how we got off-track...
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republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion in new tax reform revenue. that's short of the $1.6 trillion that the president would like to see there. also health savings of $600 billion. mandatory savings of $300 billion. revisions of cpa of 200 billion. other discretionary saving 300 billion. they say net savings is $2.2 trillion all told. the white house says this plan is not balanced, and interestingly there's a little side skirmish here between the speaker of the house john boehner and erskine bowls. boehner said this was based on a report that bowles laid out. bawls said no. he said the approach laid out does not repr
republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion...
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the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that concept is much better -- is much more in line -- >> stephanie: mitt romney i think just ended up trying to run against anything obama was for he was just against or it was bad. and i think you are right. it's hard to fault the president on foreign policy. we did what he ran on. >> caller: right. and the thing with iraq -- the strategy we had in iraq was basically -- people got mad because he didn't leave immediately and people got mad because he didn't stay there long enough. the strategy followed the doctrine of counter insurgency which is you stabilize the government -- you can't just leave. you have to build up
the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that...
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in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social security benefits. "what we're putting forth is a credible plan that deserves serious consideration by the white house." in a three-page letter to the president calling democratic gains in the senate and mr. obama's victory a "status quo election," the republican proposal would raise half the amount as the president's plan and save $350 billion from medicare and medicaid. however, at the chicago fed, a gathering of 39 individuals from banking and manufacturing industries - including automakers and other sectors - say the economy is strong enough - barely - to withstand either party's direction. "t
in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social...
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in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south in general. were different country already and the united states we simply need our own government we have different values different belief systems critics have dismissed secessionists as disgruntled voters angry over president obama's second term however in this you thousand a presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own us to the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more the white house meanwhile promises to review and issue
in charge or obama basically the republicans are just as bad as far as we're concerned they're corrupt and are out of touch in southern former confederate states like north carolina culture and social issues play a big role for those like harold cruz who believes the us is too big and thus destined to fail north carolina and the south in general. were different country already and the united states we simply need our own government we have different values different belief systems critics have...
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all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automatically get a raise. theys hould stop that. they don't need the money anymore. they have plenty. obama is going to have his way, and that's it. host: can you hang on the line? let me get your reaction from larry duncan on twitter who says -- what do you think, margaret? caller: i think that is correct. there are a lot of loopholes but they do not want to do this. they are happy because they are getting this extra money. if obama gets -- i don't have a charge card. i am paying off all my debt. we should pay off all large debt. how much are we paying for this debt that we go? that
all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase....
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bush, veten democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequens. egis political crisis is widening cajon. a general strikeo protest the presence unrestricted new powers. in this country's hospits that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how high is that this book of? we begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house cla that no progress is being made >> the house speaker said on fox news sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. does the president agree? >> no, he does not. you saw secretary geithner over the weekend on aaoth sunday shows very clearly express the president's poition, talk about the proposals the president has put forward and express our belief that there has been progss and th
bush, veten democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequens. egis political crisis is widening cajon. a general strikeo protest the presence unrestricted new powers. in this country's hospits that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how...
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and that's why i'm really glad president obama is not negotiating both for himself and for the republicans, which was sometimes his habit the last time. he's basically saying you want a bunch of cuts i don't have. don't make me propose them. that's creating some pressure on them. i think both those things will have an effect. we'll get the taxes back if we do nothing. >> the conversation in washington being separate from what it feels like the real needs of the country, a familiar feeling for me. i often have this frustration that the beltway discussion is not what the important questions are that are facing the country. in this case, i feel like as long as we're willing to talk about the economic needs of the country, as long as we're willing to talk about fiscal policy, how can it be we're not talking about new stimulus. the republicans ran against that as if the stimulus was this awful thing. but the republicans lost and we have an economic growth problem now. i wonder if you see signs of hope in what the president is asking for there in the way people are talking about the need to goos
and that's why i'm really glad president obama is not negotiating both for himself and for the republicans, which was sometimes his habit the last time. he's basically saying you want a bunch of cuts i don't have. don't make me propose them. that's creating some pressure on them. i think both those things will have an effect. we'll get the taxes back if we do nothing. >> the conversation in washington being separate from what it feels like the real needs of the country, a familiar feeling...
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and more on the box republicans are in and president obama's power play. senator barbara boxer of california joins me on that. >>> plus, it's the gop's worst nightmare come true. here comes elizabeth warren on the banking committee. this is about to get interesting. you're watchinging "politicsnation" on msnbc. >> this isn't good. friends of mitt romney are saying that he's bored now. that he's no longer running for president. though not as bored as the rest of us were when he was running for president. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and
and more on the box republicans are in and president obama's power play. senator barbara boxer of california joins me on that. >>> plus, it's the gop's worst nightmare come true. here comes elizabeth warren on the banking committee. this is about to get interesting. you're watchinging "politicsnation" on msnbc. >> this isn't good. friends of mitt romney are saying that he's bored now. that he's no longer running for president. though not as bored as the rest of us were...
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obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out of debt. >> both sides will be taking their plan to the public this week they will meet with governors for state business he's meeting with the governors today. john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the presid
obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out...
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they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. [ ding! ] ...and spend time on the slopes. take alka-seltzer plus cold & cough... [ buzz! ] ...and spend time on the chair. for non-drowsy 6-symptom cold & flu relief. take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use alka-seltzer plus night cold & flu... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself... honey? ...on the couch. nyquil d. 50% longer cough and stuffy nose relief. >>> wow, president obama's asking florida congresswoman debbie wasserman schultz to stay on as chair of the democratic national committee. big news for her. she's a frequent guest on this and other tv networks. she's been the head of the party since the spring of 2011. democrats won seats in the house and senate besides the president's re-election victory. the dnc will meet
they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. [ ding! ] ...and spend time on the slopes. take alka-seltzer plus cold & cough... [ buzz! ] ...and spend time on the chair. for non-drowsy 6-symptom cold & flu relief. take dayquil. use...
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they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announce
they're stunned because they hate obama and only talk to other republicans who also hate obama. get it? they're in this bubble and when the bubble bursts, they start to cry. >>> finally, let me finish with how the nobodies finally won, and this is "hardball," the place for politics. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in...
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captioning sponsored by macneil/lehrer productions >> ifill: president obama said today there would be no deal to avert an economic plunge unless republicans agree to increase taxes on the wealthiest americans. good evening. i'm gwen ifill. >> woodruff: and i'm judy woodruff. on the newshour tonight, kwame holman has the latest on wast
captioning sponsored by macneil/lehrer productions >> ifill: president obama said today there would be no deal to avert an economic plunge unless republicans agree to increase taxes on the wealthiest americans. good evening. i'm gwen ifill. >> woodruff: and i'm judy woodruff. on the newshour tonight, kwame holman has the latest on wast
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let's solve this. >>> back in 2009 and 2010, republican protests against president obama's supposedly socialist kenyan secret muslim agenda were touted as grass roots events. most of them r were not grass roots events. most of them were organized by groups by freedom works, which grew out of a conservative advocacy organization that was founded and funded by the billionaire koch brothers. the front man was a congressman from texas. he was the house majority leader for the republican party, which is not a grass rootsy thing. but none of this is. today david korn had a scoop about the fake grass roots part of republican party politics. "mother jones" published an e-mail in which dick army quit. he then told "mother jones", the top management team of freedom works was taking a direction i thought was unproductive and thought it was time to move on with my life. don't know exactly why dick army and freedom works broke up, but there's discord at the conservative level. actually there's a lot going on. more on that ahead. stay with us. a cup of joe is a sedan. a cup of johan is a 600 horsep
let's solve this. >>> back in 2009 and 2010, republican protests against president obama's supposedly socialist kenyan secret muslim agenda were touted as grass roots events. most of them r were not grass roots events. most of them were organized by groups by freedom works, which grew out of a conservative advocacy organization that was founded and funded by the billionaire koch brothers. the front man was a congressman from texas. he was the house majority leader for the republican...
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republican party, i talk about it in my book, divider and chief constantly portraying them as hostage takers the eve enemy. even if we abandon all of our principles and go along with the mainstream media and what they want it will not be enough and obama will continue to vilify them. the republicans need to focus on grass root strategy, identifying hispanics and members of other demographic groups that could be swing voters. identify them and thet their targeted message out there too them so we can have a genuine debate on the issues, instead of villa my those who disagree with the president. let's have a discussion as simon said the economic benefits, how we can do this in a way that will benefit all americans, instead of just saying, oh, heck, we lost the election we'll just abandon all of our principles. jon: simon i like what you had to say and i think the whole country is looking for bay bipartisan solutions to some of these thorny questions that are out there. from a republican standpoint, and knowing you're a democrat, from a republican standpoint what is the motivation to help
republican party, i talk about it in my book, divider and chief constantly portraying them as hostage takers the eve enemy. even if we abandon all of our principles and go along with the mainstream media and what they want it will not be enough and obama will continue to vilify them. the republicans need to focus on grass root strategy, identifying hispanics and members of other demographic groups that could be swing voters. identify them and thet their targeted message out there too them so we...
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congressional republicans will get 53% of the blame game. obama just 27%. now, that's an interesting development there. i looked at that all afternoon and your view of that. >> i think it's absolutely right. number one. number two, the republicans are creating a symbol that is not good for their brand, that they're going to let the tax codes go up for the middle class to protect the wealthy. the president has framed this very well. he's talked about balance. he's talked about the 2% having to do a little bit more. and on every one of those things the public is overwhelmingly with him. one-third of mitt romney's voters believed the top 2% need to pay a little more. >> conceptually you're obviously right. here is my difference. the conditions in which the world lives. right now we're talking about a possible fiscal cliff. we're not off the cliff. >> right. >> if it's january 2nd or 3rd and the stock market is going down by a couple thousand worlds around the world. the japanese markets, european countries, countries in europe which are precarious are in bigge
congressional republicans will get 53% of the blame game. obama just 27%. now, that's an interesting development there. i looked at that all afternoon and your view of that. >> i think it's absolutely right. number one. number two, the republicans are creating a symbol that is not good for their brand, that they're going to let the tax codes go up for the middle class to protect the wealthy. the president has framed this very well. he's talked about balance. he's talked about the 2%...
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republicans laid their cards on the table unveiling their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow the raw materials sector hit hard by the contraction in manufacturing. shares of
republicans laid their cards on the table unveiling their fiscal cliff counteroffer to president obama. does it actually have a chance though? will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us...
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obama's plan for the fiscal cliff includes 400 billion or so in unspecified cuts, while the republicans have offered 800 billion in unspecified higher tax revenues. has either side gotten specific enough for you guys? >> they haven't gotten specific enough yet, but they both staked out positions that are imminently compromisable. there's good common ground there. what's preventing that? the republicans saying we'll never raise taxes. the problem is taxes are scheduled to go up. they can't say no to that. they will go up. the only real question for the obstructionists in the republican party is, seriously, you're going to block atax cut? that's what it is. >> i want to play some sound from our friend david gergen on cnn yesterday and get you to comment. >> since this election i think the democrats are the ones who are really trying to rub it in and almost humiliate the republicans, and that's not going to get to a bargain. i think it has to be win-win. you hear among some democrats right now and it's disturbing that maybe just ought to take it over the cliff. we'll score political points
obama's plan for the fiscal cliff includes 400 billion or so in unspecified cuts, while the republicans have offered 800 billion in unspecified higher tax revenues. has either side gotten specific enough for you guys? >> they haven't gotten specific enough yet, but they both staked out positions that are imminently compromisable. there's good common ground there. what's preventing that? the republicans saying we'll never raise taxes. the problem is taxes are scheduled to go up. they can't...
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bill crystal. >> we can say president obama is overreaching. at the end of the day he is selling a very simple message, i want to keep taxes low for middle class americans, and republicans are in the position of looking like they don't care about the middle class. >> stephanie: that would be horrible if people had some sort of impression like that? that would be horrible. >> god! >> stephanie: that would be crazy -- [ cuckoo clock chimes ] >> where do they get this. >> stephanie: oh really? sarah palin? >> yeah. she keeps showing up. >> barack obama is a socialist. he believes in socialism in redistributing health in confiscating hard-earned dollars of our small businessmen and women so they cannot reinvest their dollars and hire more people and expand. barack obama has not had a budget in the four years he has been in office and not been worried about it and continues to spend recklessly other people's money, and that is a sign of that idea of loving socialism. >> stephanie: okay. i think we can confirm it now, she gets paid by the word. [ bel
bill crystal. >> we can say president obama is overreaching. at the end of the day he is selling a very simple message, i want to keep taxes low for middle class americans, and republicans are in the position of looking like they don't care about the middle class. >> stephanie: that would be horrible if people had some sort of impression like that? that would be horrible. >> god! >> stephanie: that would be crazy -- [ cuckoo clock chimes ] >> where do they get...
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president obama says those tax cuts must expire for households making $250,000 or more. >> it's a position that is supported by a majority of the american people. and, you know, we need to see from republicans an acknowledgement of that. >> reporter: the gop proposal that the white house quickly rejected closes tax loopholes and reduces deductions to raise 800 billion-dollar in new revenue. the plan cuts $600 billion in healthcare entitlement programs. >> we are overspending and until you deal with that issue you cannot raise taxes enough to be able to keep one a trillion dollars of accelerate spending. >> reporter: republicans dismissed the president's plan late last week. but now that both sides have numbers on the table, some congressional watchers believe those outlines may eventually help them find common ground. in washington, danielle nottingham cbs 5. >>> are you ready for more rain? >> i don't know. >> well -- >> i guess we need to be. >> another storm heading our way. coming up, lawrence tracks when it will get here with hi-def doppler. igh-def doppler.. plus.. forget your librar
president obama says those tax cuts must expire for households making $250,000 or more. >> it's a position that is supported by a majority of the american people. and, you know, we need to see from republicans an acknowledgement of that. >> reporter: the gop proposal that the white house quickly rejected closes tax loopholes and reduces deductions to raise 800 billion-dollar in new revenue. the plan cuts $600 billion in healthcare entitlement programs. >> we are overspending...
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here's susan mcginnis with more on today's scheduled talks and the latest proposal from republicans. >>> reporter: governors from six states are headed here to washington today to tell president obama their thoughts on the "fiscal cliff." the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one is going to get what they want. but we have to compromise. if everything is going to be on the table, how do we negotiate? >> reporter: republicans have given a counterproposal to the president's plan which he issued last week. they say their plan would cut $2 .2 trillion from the federal deficit over 10 years. but $600 billion in healthcare cuts, $300 billion in cuts to mandatory spending, and another $300 billion in cuts to other federal spending. the biggest difference between the republican plan and the president's remains taxes and how the government can generate more revenue to pay down the debt. >> rates have to rise on the top 2%. there's no other way to do it. >> reporter: president obama s
here's susan mcginnis with more on today's scheduled talks and the latest proposal from republicans. >>> reporter: governors from six states are headed here to washington today to tell president obama their thoughts on the "fiscal cliff." the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one is going to get what they want. but we have to compromise. if everything is going...
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but we see president obama getting tougher right now on what he's calling for while the republicans, if you look at the numbers, they're really not asking for as much. i think we're seeing speaker boehner getting his ducks in a row to cut a deal that is going to try to get settled before the fiscal cliff goes over. >> bill, "the washington post" today has a poll which says 53% of americans are likely to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in the defense budget. we're probably going to have a double dip recession, and until the congress then gets its act together to fix it and lower rates on the middle class, you will have the republicans essen
but we see president obama getting tougher right now on what he's calling for while the republicans, if you look at the numbers, they're really not asking for as much. i think we're seeing speaker boehner getting his ducks in a row to cut a deal that is going to try to get settled before the fiscal cliff goes over. >> bill, "the washington post" today has a poll which says 53% of americans are likely to blame republicans and just 27% the president if they don't agree on a fiscal...
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the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax rates. if they recognize the reality that we can't afford to extend those tax rates, then we have a basis for the agreement and that's going to be the responsible thing to do and my judgment is they are going to do it. >> joining me now, ezra klein, huffington post, ryan grim. ezra, what do you make of the boehner proposal that was kind of cribbed from erskine bowles? >> two things. one, republicans are terrified about by the polls showing that they are going to immediately get blamed if they are not willing to compromise. the reason you initiate the bowles' plan is you say, look, they are going along with t
the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax...
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there is a belief amongst house republicans andrea, that president obama is playing smart politics on this. he's taking this cliff all the way to the edge, the possibility that he's okay with the country going over it, with the idea that he can fracture republicans on the tax issue. remember, republicans have been ability lowering taxes ever since h.w. bush said the read my lips pledge. what they've run on. if he can fracture them and hurt them politically going into 2014 they believe that's what he's doing and why he's trying to draw this out. it's an interesting element besides all we talked about in terms of the monetary values here, the politics of it, absolutely fascinating. >> luke russert, thank you, kelly and chris. joining me is north dakota senator kent conrad chairman of the senate budget committee, someone who has been here, done that, how many years have you gone through these negotiations? >> 26. >> talk about where we stand right now. because the senate -- the house republicans, the speaker, did put out their proposal last night and talking again about not raising rates
there is a belief amongst house republicans andrea, that president obama is playing smart politics on this. he's taking this cliff all the way to the edge, the possibility that he's okay with the country going over it, with the idea that he can fracture republicans on the tax issue. remember, republicans have been ability lowering taxes ever since h.w. bush said the read my lips pledge. what they've run on. if he can fracture them and hurt them politically going into 2014 they believe that's...
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if you look at spending, the republicans run about twice what obama is offering. they got to figure out how to come together on this. they're arguing over rates or deductions, which makes no sense. i mean, it's like you want to go on a trip. we decide we're going on a trip together. we're going to argue about whether we're taking a bus or a train. just figure out how much money you want from revenue, figure out who you're going to get it from, figure out how you're going to protect people, then figure out the formulas. >> and the white house wants the money to come from a specific place. he doesn't necessarily want $1.6 trillion clean. he wants it to come from higher tax rates. >> and i think it's fine say where you want to get the $1.6 trillion or $800 billion from. you ought to just call -- i want to get it from people who make more than $250,000 as opposed to trying to lock people into a formula. what you really need is money. >> you put it so simply, as if it's easy. i guess it is. i don't know why they're having such a difficult time with that. let me get you
if you look at spending, the republicans run about twice what obama is offering. they got to figure out how to come together on this. they're arguing over rates or deductions, which makes no sense. i mean, it's like you want to go on a trip. we decide we're going on a trip together. we're going to argue about whether we're taking a bus or a train. just figure out how much money you want from revenue, figure out who you're going to get it from, figure out how you're going to protect people, then...
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president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense here that maybe the president is meeting with a few too many people? should we jjst get the job on the fiscal cliff? >> i could not agree more. i felt very discouraged. the president this been more time campaigning that he did of the beginning of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with our leader, the speaker, and talk seriously about these plans. gerri: small business, big business. the governor's. who is left for the president to talk to? >> well, we
president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense...
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do you remember what president obama said in 2010 because he had these negotiations with the republicans over the stimulus package. he said, this is the lesson he learned. now in retrospect i could have told barack obama in 2009 if you had a third of the package as tax cuts then republicans who are traditionally more comfortable with tax cuts may just pocket that and attack to other components of the program. that is exactly right. it appears that the president's team has finally learned that lesson, which is very reassuring. i'm going to bring in michael shure, our epic political correspondent. they're even running ads now or it seems like ads campaign ads even though the campaign is over. let me show you one of them, and then get your reaction. [ ♪ music ♪ ] >> the polling is with the president. the clear mandate of this election was that the majority of americans agreed with president obama's vision of one of the ways to fix the fiscal cliff had to be to put new revenues and raise the tax rates of the wealthiest americans. [ ♪ music ♪ ] >> cenk: so taking this case to the amer
do you remember what president obama said in 2010 because he had these negotiations with the republicans over the stimulus package. he said, this is the lesson he learned. now in retrospect i could have told barack obama in 2009 if you had a third of the package as tax cuts then republicans who are traditionally more comfortable with tax cuts may just pocket that and attack to other components of the program. that is exactly right. it appears that the president's team has finally learned that...
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the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more people off unemployment
the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare....
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so the obama administration is so far out there, that what the republicans are doing is pointing out how reasonable they are, taking bowles' idea, i see he's playing democrat partisan today -- >> part of that is actually putting revenue on the table which speaker boehner has said multiple times he's open to doing, that includes closing loopholes and ending deductions. not words that are political kryptoni kryptonite. for the republican party that has stoked the eyre on the ends of the spectrum including erick erickson they said this the gop selling out. do you agree with that or not? >> not at this point. we were in this point two years ago when the same things were discussed with obama during the debt ceiling increase and at the end of the day, we ended up with $2.5 trillion in spending savings and not a dollar of tax increase. why? because obama overplayed his hand. he's doing it again. just as he did in 2008. he thought the country had given him a blank sheet of paper to work on. he did the stimulus spending. he went from 70% support down to below 50% and lost the house. now he ge
so the obama administration is so far out there, that what the republicans are doing is pointing out how reasonable they are, taking bowles' idea, i see he's playing democrat partisan today -- >> part of that is actually putting revenue on the table which speaker boehner has said multiple times he's open to doing, that includes closing loopholes and ending deductions. not words that are political kryptoni kryptonite. for the republican party that has stoked the eyre on the ends of the...
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if ineed we buy into barack obama's plan on raising taxes. remember, that is only going to make washington and the united states live for about eight and a half days. this is what i mean by th republicans are not define the issue. they are allowing the president to define the issue that is out there. geithner is saying that the republicans are willing to talk about revenues going out by closg loopholes. they've been talking about that for a lon time. they have never notlked about that issue. gerri: are we any closer tonight to getting a deal that we were three weeks ago? >> no. and this is a challenge. if you keep compromising toward the ite house you discover the white house becomes a receding horizon. they keep raising the size of the tax increase, the spending cuts become smaller and more unlikely to actually ever happen . and i think eir is a very real challenge here because the problem is overspending. the problem i overspeeding. evy day that the press is allowed of the white house has allowed to focus on taxes is a day that we are not f
if ineed we buy into barack obama's plan on raising taxes. remember, that is only going to make washington and the united states live for about eight and a half days. this is what i mean by th republicans are not define the issue. they are allowing the president to define the issue that is out there. geithner is saying that the republicans are willing to talk about revenues going out by closg loopholes. they've been talking about that for a lon time. they have never notlked about that issue....
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won by bigger margins than obama won by. they ran against raising taxes and for the ryan plan which is actually $6 trillion in spending restraint over the next decade and tax reform rather than tax increases, so the republican mandate in the house was a lot clearer than obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to hold your response until we come back after the break. you've got about two minutes to make this really, really good. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vib
won by bigger margins than obama won by. they ran against raising taxes and for the ryan plan which is actually $6 trillion in spending restraint over the next decade and tax reform rather than tax increases, so the republican mandate in the house was a lot clearer than obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to...
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won by bigger margins than obama won by. they ran against raising taxes and for the ryan plan which is actually $6 trillion in spending restraint over the next decade and tax reform rather than tax increases, so the republican mandate in the house was a lot clearer than obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to hold your response until we come back after the break. you've got about two minutes to make this really, really good. our operations are safe and clean for our communities and the environment. we're america's natural gas. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming t
won by bigger margins than obama won by. they ran against raising taxes and for the ryan plan which is actually $6 trillion in spending restraint over the next decade and tax reform rather than tax increases, so the republican mandate in the house was a lot clearer than obama's, who spent 86% of the pro-obama ads were trashing romney personally. so he won the right not to be romney but he didn't win the power to impose anything he wants. >> okay. hold that thought. robert, i want you to...
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>> i think this time around obama has learned from his past mistakes and more importantly he has the advantage that if he does nothing he's in better shape than the republicans are. >>reporter: professor says republican holding the middle class hostage trying to force the president hand. problem is they can't afford to carry out the threat. if the g.o.p. is blamed for raising taxes on everybody because they were trying to protect the rich, be putting themselves in a dark hole. in the newsroom, abc 7 news. >>> let's go over seas to syria. united nations preparing to evacuate all non-essential staff from syria growing fear that the regime is considering using chemical weapons. european union also reducing the presence there. and president obama is warning syria president over the entire situation. martha tonight on the weapon that syria has and what that means for the united states. >> latest intelligence is alar alarming. officials telling abc news the un is new seeing specific signs that the syrian regime may prosecute engine to use the chemical sarah against opposition forces. it is
>> i think this time around obama has learned from his past mistakes and more importantly he has the advantage that if he does nothing he's in better shape than the republicans are. >>reporter: professor says republican holding the middle class hostage trying to force the president hand. problem is they can't afford to carry out the threat. if the g.o.p. is blamed for raising taxes on everybody because they were trying to protect the rich, be putting themselves in a dark hole. in...
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just hours ago, house republicans sent president obama a new offer to avoid the fiscal cliff, a counter offer to president obama's plan, proposing raising $800 billion from tax reform, not higher tax rates. but the white house immediately slammed the offer and said it won't even consider it. tonight, speaker boehner's response to the white house response, saying it's up to the president to come up with a plan. allen west is here. good evening. >> good evening. >> your thoughts, apparently the white house is unimpressed with the proposal by the speakert and white house republicans? >> i think the white house needs to do case studies, calvin coolidge and president john f. kennedy, when you look at what they did with lowering tax rates and increase revenues. calvin coolidge went from 73% to 24%. john f. kennedy from 91% to 71%. they increased revenues. we are not talking about what the president is looking at with his wealth redistribution, we are talking about wealth expansion, economic growth and sound policies to do that. if you want to continue to believe that $250,000 makes someone ri
just hours ago, house republicans sent president obama a new offer to avoid the fiscal cliff, a counter offer to president obama's plan, proposing raising $800 billion from tax reform, not higher tax rates. but the white house immediately slammed the offer and said it won't even consider it. tonight, speaker boehner's response to the white house response, saying it's up to the president to come up with a plan. allen west is here. good evening. >> good evening. >> your thoughts,...